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Warwick Lightfoot's Substack

Warwick Lightfoot

Warwick Lightfoot is an economist with specialist interests in monetary economics, public finance and labour markets.

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Substack
PricingOnly free issuesPublishesWeekly
Issues71SubscribersRead warwicklightfoot.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

The revenue Imperative: taxing capital, property and wealth will not finance modern welfare states in Britain, France and America

There is a lively debate in Britain, France and the USA on the merits of taxing capital, property, inheritance and wealth. Any discussion of a tax system has to start with a decision about what the purpose and function of the tax system sho...

2 months ago
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UK Labour Government's Economic Policy is guided by a network of Socialist Economists that offer a better Collectivist Yesterday

The UK has a comprehensive welfare state that radically redistributes income. It modifies market incomes through a complex system of taxation and benefits. The Office for National Statistics reported on 25 September 2025 that:

2 months ago
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0

How the British Economy has changed over the last fifty years: the British Economy today is different to the economy in 1979 and has different challenges

The UK economy is again subject to an intense and pessimistic interrogation. This present anxiety invites comparison with the series of economic crises that framed public policy in the UK in the 1970s. Some economic commentators, particular...

2 months ago
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Government debt is not the UK’s economic problem. The problem is government spending.

Discussion about the possibility of the UK Government being forced ‘to go to the IMF for a bail out’ is a misleading construction on present British public finances and the challenges of the British economy. They are not principally located...

3 months ago
0
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  • Warwick Lightfoot

    Warwick Lightfoot is an economist was Special Adviser to three Chancellors of the Exchequer between 1989 and 1992, he is the author of America’s Exceptional Economic Problem.

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